Stocks · Materials · Miscellaneous Primary Metal Products

DMC Global Inc.

BOOM Clue Score54
United States Fiscal year ends December CIK 0000034067
$5.66 -2.08% Close, 9 Oct 2026
Price $5.66 −86.01% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue158.6Operating income−5.3Net income−6.5EPS, diluted−0.46Fiscal year 2017Revenue192.8 +21.6%Operating income−12.3Net income−18.9EPS, diluted−1.31Fiscal year 2018Revenue326.4 +69.3%Operating income37.4Net income30.5EPS, diluted2.04Fiscal year 2019Revenue397.6 +21.8%Operating income58.4Net income34.0 +11.7%EPS, diluted2.28 +11.8%Fiscal year 2020Revenue229.2 −42.4%Operating income−1.0Net income−1.4 −104.1%EPS, diluted−0.10 −104.4%Fiscal year 2021Revenue260.1 +13.5%Operating income−2.4Net income−0.2EPS, diluted−0.26Fiscal year 2022Revenue654.1 +151.5%Operating income30.0Net income12.2EPS, diluted0.72Fiscal year 2023Revenue719.2 +10.0%Operating income61.2Net income26.3 +114.4%EPS, diluted1.08 +50.0%Fiscal year 2024Revenue642.9 −10.6%Operating income−131.3Net income−94.5 −459.7%EPS, diluted−8.20 −859.3%Fiscal year 2025Revenue609.8 −5.1%Operating income−0.1Net income−13.5EPS, diluted−0.90
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 158.6 192.8 326.4 397.6 229.2 260.1 654.1 719.2 642.9 609.8
Growth +21.6% +69.3% +21.8% −42.4% +13.5% +151.5% +10.0% −10.6% −5.1%
Operating income −5.3 −12.3 37.4 58.4 −1.0 −2.4 30.0 61.2 −131.3 −0.1
Net income −6.5 −18.9 30.5 34.0 −1.4 −0.2 12.2 26.3 −94.5 −13.5
Growth +11.7% −104.1% +114.4% −459.7%
EPS, diluted −0.46 −1.31 2.04 2.28 −0.10 −0.26 0.72 1.08 −8.20 −0.90
Growth +11.8% −104.4% +50.0% −859.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin24.4%Operating margin−3.3%Net margin−4.1%Free cash flow margin7.9%Fiscal year 2017Gross margin30.8%Operating margin−6.4%Net margin−9.8%Free cash flow margin0.3%Fiscal year 2018Gross margin33.9%Operating margin11.5%Net margin9.3%Free cash flow margin−5.3%Fiscal year 2019Gross margin36.5%Operating margin14.7%Net margin8.6%Free cash flow margin9.4%Fiscal year 2020Gross margin24.8%Operating margin−0.4%Net margin−0.6%Free cash flow margin7.2%Fiscal year 2021Gross margin22.9%Operating margin−0.9%Net margin−0.1%Free cash flow margin−8.3%Fiscal year 2022Gross margin28.4%Operating margin4.6%Net margin1.9%Free cash flow margin4.0%Fiscal year 2023Gross margin29.5%Operating margin8.5%Net margin3.7%Free cash flow margin6.9%Fiscal year 2024Gross margin23.4%Operating margin−20.4%Net margin−14.7%Free cash flow margin4.6%Fiscal year 2025Gross margin22.2%Operating margin−0.0%Net margin−2.2%Free cash flow margin6.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 24.4% 30.8% 33.9% 36.5% 24.8% 22.9% 28.4% 29.5% 23.4% 22.2%
Operating margin −3.3% −6.4% 11.5% 14.7% −0.4% −0.9% 4.6% 8.5% −20.4% −0.0%
Net margin −4.1% −9.8% 9.3% 8.6% −0.6% −0.1% 1.9% 3.7% −14.7% −2.2%
Free cash flow margin 7.9% 0.3% −5.3% 9.4% 7.2% −8.3% 4.0% 6.9% 4.6% 6.1%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow18.2Capital expenditure−5.7Free cash flow12.5Buybacks−0.0Dividends paid−1.2Fiscal year 2017Operating cash flow6.7Capital expenditure−6.2Free cash flow0.6 −95.5%Buybacks−0.3Dividends paid−1.2Fiscal year 2018Operating cash flow27.6Capital expenditure−45.1Free cash flow−17.5 −3,211.8%Buybacks−0.5Dividends paid−1.2Fiscal year 2019Operating cash flow64.6Capital expenditure−27.2Free cash flow37.4Buybacks−1.1Dividends paid−2.8Fiscal year 2020Operating cash flow30.4Capital expenditure−13.9Free cash flow16.5 −55.8%Buybacks−1.9Dividends paid−3.7Fiscal year 2021Operating cash flow−12.8Capital expenditure−8.7Free cash flow−21.5 −230.1%Buybacks−2.5Dividends paid0.0Fiscal year 2022Operating cash flow44.9Capital expenditure−18.6Free cash flow26.4Buybacks−1.2Dividends paid0.0Fiscal year 2023Operating cash flow65.9Capital expenditure−16.0Free cash flow50.0 +89.6%Buybacks−2.5Dividends paid0.0Fiscal year 2024Operating cash flow46.6Capital expenditure−17.3Free cash flow29.3 −41.3%Buybacks−1.2Dividends paid−2.5Fiscal year 2025Operating cash flow53.5Capital expenditure−16.5Free cash flow37.0 +26.3%Buybacks−1.2Dividends paid0.0
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 18.2 6.7 27.6 64.6 30.4 −12.8 44.9 65.9 46.6 53.5
Capital expenditure −5.7 −6.2 −45.1 −27.2 −13.9 −8.7 −18.6 −16.0 −17.3 −16.5
Free cash flow 12.5 0.6 −17.5 37.4 16.5 −21.5 26.4 50.0 29.3 37.0
Growth −95.5% −3,211.8% −55.8% −230.1% +89.6% −41.3% +26.3%
Buybacks −0.0 −0.3 −0.5 −1.1 −1.9 −2.5 −1.2 −2.5 −1.2 −1.2
Dividends paid −1.2 −1.2 −1.2 −2.8 −3.7 0.0 0.0 0.0 −2.5 0.0

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash6.4Shareholders’ equity112.4Fiscal year 2017Cash9.0Total debt18.0Net cash (debt)−9.0Shareholders’ equity105.8Debt to equity0.17Fiscal year 2018Cash13.4Total debt41.4Net cash (debt)−28.0Shareholders’ equity134.3Debt to equity0.31Fiscal year 2019Cash20.4Total debt14.3Net cash (debt)6.1Shareholders’ equity172.1Debt to equity0.08Fiscal year 2020Cash28.2Total debt11.3Net cash (debt)16.9Shareholders’ equity196.9Debt to equity0.06Fiscal year 2021Cash30.8Total debt147.4Net cash (debt)−116.6Shareholders’ equity360.5Debt to equity0.41Fiscal year 2022Cash25.1Total debt132.8Net cash (debt)−107.7Shareholders’ equity380.6Debt to equity0.35Fiscal year 2023Cash31.0Total debt115.9Net cash (debt)−84.8Shareholders’ equity410.3Debt to equity0.28Fiscal year 2024Cash14.3Total debt70.8Net cash (debt)−56.5Shareholders’ equity251.0Debt to equity0.28Fiscal year 2025Cash31.9Total debt50.6Net cash (debt)−18.7Shareholders’ equity242.1Debt to equity0.21
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 6.4 9.0 13.4 20.4 28.2 30.8 25.1 31.0 14.3 31.9
Total debt n/a 18.0 41.4 14.3 11.3 147.4 132.8 115.9 70.8 50.6
Net cash (debt) n/a −9.0 −28.0 6.1 16.9 −116.6 −107.7 −84.8 −56.5 −18.7
Shareholders’ equity 112.4 105.8 134.3 172.1 196.9 360.5 380.6 410.3 251.0 242.1
Debt to equity n/a 0.17 0.31 0.08 0.06 0.41 0.35 0.28 0.28 0.21

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
158.6 192.8 326.4 397.6 229.2 260.1 654.1 719.2 642.9 609.8
Growth +21.6% +69.3% +21.8% −42.4% +13.5% +151.5% +10.0% −10.6% −5.1%
119.9 133.4 215.7 252.6 172.3 200.6 468.6 507.1 492.3 474.6
38.7 59.4 110.7 144.9 56.9 59.5 185.4 212.1 150.6 135.3
Growth +53.5% +86.4% +30.9% −60.8% +4.6% +211.8% +14.3% −29.0% −10.2%
4.6 5.2 7.2 8.5 7.9 7.2 6.8 6.9 5.8 5.0
22.1 27.1 38.5 38.0 29.2 36.3 76.1 75.3 61.4 61.3
−5.3 −12.3 37.4 58.4 −1.0 −2.4 30.0 61.2 −131.3 −0.1
Growth +56.1% −101.7% +104.0% −314.6%
−5.7 −15.3 34.6 56.7 −2.0 −2.6 23.2 49.9 −141.0 −7.7
0.8 3.6 4.1 22.7 −0.5 −1.5 9.4 15.1 11.0 4.1
−6.5 −18.9 30.5 34.0 −1.4 −0.2 12.2 26.3 −94.5 −13.5
Growth +11.7% −104.1% +114.4% −459.7%
Per share
−0.46 −1.31 2.05 2.29 −0.10 −0.26 0.72 1.08 −8.20 −0.90
−0.46 −1.31 2.04 2.28 −0.10 −0.26 0.72 1.08 −8.20 −0.90
Growth +11.8% −104.4% +50.0% −859.3%
14.1 14.3 14.5 14.6 14.8 17.6 19.4 19.5 19.7 19.9
14.1 14.3 14.6 14.7 14.8 17.6 19.4 19.5 19.7 19.9
Growth +1.6% +1.9% +0.2% +0.9% +19.1% +10.0% +0.8% +0.8% +1.2%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 21.6% a year over five years.
  • The diluted share count rose 34.6% in five years, which is dilution.
  • Operating margin is flat at 0.0%.
  • A net loss in 6 of 10 years on file.